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This is according to Nelson Mandela Bay rates and valuations deputy director Roelf Weyers.
In 2008, the municipality sent valuers to properties to determine the value, but this cost R87-million to complete.
This time, the municipality looked at the market value of houses, aerial pictures of properties and building plans to determine a valuation.
It cost only R12-million to complete the 2017 General Valuation Roll for Nelson Mandela Bay.
“This was possible as we kept the system fairly up to date,” Weyers said.
Once the valuation process is complete, the rates can by determined. According to Weyers, a number of factors come into play then.